What is Vaya Vandana Yojana? (Vay Vandana Yojana)

This scheme was started by the Central Government on 26 May 2020. This is such a social security (Modi Sarkar Pension Scheme) scheme, in which the beneficiary will get a monthly pension. Government of India has brought this scheme and it is being operated by Life Insurance Corporation of India (LIC). If both husband and wife have crossed the age of 60 years, then they can invest a maximum of Rs 15 lakh. Let us tell you that earlier the investment limit was Rs 7.5 lakh, which has been doubled. Not only this, senior citizens get more interest in this scheme.

Pension of Rs 9,250 per month on investment of Rs 15 lakh

All citizens above the age of 60 years can invest up to Rs 15 lakh in this special scheme. But keep in mind that you will have to make this investment before March 31, 2023. In this, depending on the investment, a pension of Rs 1000 to Rs 9250 is available every month. That is, if you invest a minimum of Rs 1.50 lakh, then you will get a pension of Rs 1,000 every month, while an investment of Rs 15 lakh will get a pension of Rs 9,250 per month. If husband and wife invest in this scheme, then Rs 30 lakh will have to be invested and then both of you will get a pension of Rs 18,500 every month.

Full amount will be received in 10 years

Let us tell you that this scheme is for 10 years, that is, in 10 years you will get the full amount back. Apart from this, you will also continue to get monthly pension on the deposited money. The biggest feature of this scheme is that if you remain in this scheme for 10 years, then after 10 years you will get back your invested money. Not only this, you can surrender this scheme anytime.

The post Good news for married people! Now the government will give 18,500 monthly pension, apply soon first appeared on Rightsofemployees.com.

To take advantage of this scheme, one can invest till March 2023. Let us tell you that married couples can take advantage of this scheme after 60 years of age. So let’s know about this scheme in detail.

Know what is Vaya Vandana Yojana: Modi Government PMVVY Scheme

Let us tell you that the Prime Minister’s Vaya Vandana Yojana is a social security scheme through which monthly pension is given to the applicant. It has been implemented by the Government of India. With this, LIC is operating this scheme. If married people are above 60 years of age, then they can invest up to Rs 15 lakh in this scheme.

Know what is Vaya Vandana Yojana: Modi Government PMVVY Scheme

Let us tell you that the Prime Minister’s Vaya Vandana Yojana is a social security scheme through which monthly pension is given to the applicant. It has been implemented by the Government of India. With this, LIC is operating this scheme. If married people are above 60 years of age, then they can invest up to Rs 15 lakh in this scheme.

In this way, every month 10 thousand rupees will be available on investment. There is also a plan in this scheme that one member of the family can invest in this scheme. If you get 5 thousand rupees every month, then you will deposit 8,10,811 rupees.

Amount will be returned in 10 years:

Let us tell you that this scheme of the government is for 10 years and you will get pension every month on your deposited money. If you invest in this scheme for 10 years then all your invested money will be returned. You can surrender this scheme at any time.

The post Good News! Now married people will get Rs 10000 pension, know which is this scheme first appeared on Rightsofemployees.com.